SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for the first…
Tag: KSA
Saudi Crown Prince Receives King of Jordan in Jeddah
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, received in Jeddah on Wednesday Jordan’s King Abdullah II, who is in the Kingdom on…
Saudi Social Development Bank passes $43.2 Billion Total Financing
The Saudi Social Development Bank has announced that its total financing since inception has exceeded SAR162 billion (USD43.2 billion), benefiting more than 10 million citizens…
Donald Trump to Visit Saudi Arabia, Qatar, UAE on May 13-16,
President Donald Trump’s upcoming trip to Saudi Arabia, Qatar and the United Arab Emirates will take place May 13-16, White House press secretary Karoline Leavitt…
IMF Underlines Saudi Arabia’s Leadership in Data Centers, Hails Personal Data Protection Law
The International Monetary Fund (IMF) underscored Saudi Arabia’s leading position in the number of data centers among Gulf Cooperation Council (GCC) countries, reflecting the Kingdom’s…
Saudi Mineral Resources Minister, US Energy Secretary Discuss Cooperation
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held official talks on Sunday with US Secretary of Energy Chris Wright as part of his…
Saudi Arabia Implements Real Estate Regulations to Stabilize Riyadh’s Market
Amid rapid growth in Saudi Arabia’s real estate sector, fuelled by the country’s economic diversification strategy, Crown Prince Mohammed bin Salman has introduced a series…
Mohammed bin Salman: Unprecedented Transformations, Reforms, and Global Achievements
For Saudis, every anniversary of the pledge of allegiance has become synonymous with new reforms and unprecedented transformations across various sectors. This ongoing progress is…
Riyadh Sees Surge in Business Activity Ahead of Eid al-Fitr
In the final ten nights of Ramadan, as Eid al-Fitr draws near, Riyadh transforms into a bustling hive of activity. Shops see an increase in…
Grand Mosque Expansion Transforms Mecca into a Spiritual Haven for Millions
The latest expansion of the Grand Mosque in Mecca has opened its doors to worshippers this Ramadan, blending architectural splendour with spiritual tranquillity as millions…